Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below 2021 2020...
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Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below 2021 2020 $ 40,000 $ 36, 000 28,000 190, 000 114, 000 425,000 240,000 32, 500 Accounts receivable Inventory 35,000 186, 000 108,000 405,000 225,000 Net sales Cost of goods sold Total assets Total stockholders' equity Net income 28,000 Stealth Company's 2021 asset turnover IS: (Round your answer to 1 decimal place.) Muliple Choice 2.2 times 3.7 times. 0.5 times. 28 times. Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below 2021 2020 Accounts receivable $ 40,000 $ 36,000 Inventory 28,000 35,000 Net sales 190,000 186, 000 108,000 Cost of goods sold 114,000 425, 000 240,000 32, 500 Total assets 405, 000 Total stockholders' equity 225,000 28,000 Net income Stealth Company's 2021 debt to equity ratio is: (Round your answer to 1 decimal place.) Multiple Cholce 60.0% 40.0%. 77.1%. 80.0% Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 $ 40,000 $ 36,000 28,000 190,000 114,000 425,000 240,000 32,500 Accounts receivable Inventory 35,000 186,000 108,000 405,000 225, 000 28,000 Net sales Cost of goods sold Total assets Total stockholders' equity Net income Stealth Company's 2021 profit margin is: (Round your answer to 1 decimal place.) Multiple Cholce 13.5%. 4.5% 171%. 7.6% Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below 2021 2020 $ 40,000 $ 36, 000 28,000 190, 000 114, 000 425,000 240,000 32, 500 Accounts receivable Inventory 35,000 186, 000 108,000 405,000 225,000 Net sales Cost of goods sold Total assets Total stockholders' equity Net income 28,000 Stealth Company's 2021 asset turnover IS: (Round your answer to 1 decimal place.) Muliple Choice 2.2 times 3.7 times. 0.5 times. 28 times. Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below 2021 2020 Accounts receivable $ 40,000 $ 36,000 Inventory 28,000 35,000 Net sales 190,000 186, 000 108,000 Cost of goods sold 114,000 425, 000 240,000 32, 500 Total assets 405, 000 Total stockholders' equity 225,000 28,000 Net income Stealth Company's 2021 debt to equity ratio is: (Round your answer to 1 decimal place.) Multiple Cholce 60.0% 40.0%. 77.1%. 80.0% Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 $ 40,000 $ 36,000 28,000 190,000 114,000 425,000 240,000 32,500 Accounts receivable Inventory 35,000 186,000 108,000 405,000 225, 000 28,000 Net sales Cost of goods sold Total assets Total stockholders' equity Net income Stealth Company's 2021 profit margin is: (Round your answer to 1 decimal place.) Multiple Cholce 13.5%. 4.5% 171%. 7.6%
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